The three largest sources of revenue are personal income taxes, sales and use taxes, and corporate income taxes (in that order).
Answer:
The appropriate response is Option D (Job sharing).
Explanation:
- Only by seeking less time can Janice as well as Shunil partake throughout the sharing of jobs, which further enables conventional forty-hour-a-week employment to have been shared between multiple individuals.
- The remaining structural solutions were indeed obligations still forty hours each week.
Additional options are not connected with the situation. Thus the answer above is correct.
Answer:
1. Sales Revenue
Always first in an Income Statement.
2. Cost of Goods Sold
Subtracted from Revenue to find Gross Profit.
3. Gross Profit on Sales
Profit net of Cost of Goods sold.
4. Operating expenses
Expenses from the company's operations including wages and depreciation. Subtracted from Gross Profit to find Operating income.
5. Income from operations
Gross profit net of operating expenses.
6. Other revenues and gains
Added to Operating Income.
7. Income from continuing operations before income taxes
8. Income taxes
Subtracted to find income from continuing operations.
9. Income from continuing operations
10. Discontinued operations
Income from divisions and activities that have been discontinued.
11. Net Income
Formula: FV = PV(1+ r)^n
Fv is the future value, Pv is the present value, r is the interest rate, n is the number of periods.
FV = $100(1 + 0.06)^(6*2) = $201.22
